News

Gift Aid

Gift Aid is a way for Up Holland and District U3A to increase income for our Group. As a registered charity, our U3A can claim back from HM Revenue & Customs the basic rate of tax paid by eligible members (currently 20% of the members' subscriptions).

Gift Aid income is a valuable source of funding, and any member paying tax can register. There is no cost or expense to the member. The funds come directly from HM Revenue & Customs to the U3A.

Lynn Kerfoot is currently reviewing the Gift Aid process to ensure that the group is maximising income and complying with government regulations.

As such, if in doubt, please contact Lynn to ensure that you are registered (if appropriate). If your financial circumstances have recently changed, resulting in you becoming a person who no longer pays tax, please advise her accordingly. See newsletter for Lynn's phone number.